Book Image

Learn Ethereum - Second Edition

By : Xun (Brian) Wu, Zhihong Zou, Dongying Song
Book Image

Learn Ethereum - Second Edition

By: Xun (Brian) Wu, Zhihong Zou, Dongying Song

Overview of this book

Ethereum is a blockchain-based, decentralized computing platform that allows you to run smart contracts. With this book, you’ll discover the latest Ethereum tools, frameworks, wallets, and layer 2, along with setting up and running decentralized applications for the complete, end-to-end development experience. Learn Ethereum, 2nd Edition is a comprehensive overview of the Ethereum ecosystem, exploring its concepts, mechanisms, and decentralized application development process. You’ll delve into Ethereum's internals, technologies, and tools, including Ethereum 2.0 and the Ethereum Virtual Machine (EVM), gas, and its account systems. You’ll also explore Ethereum's transition to proof of stake, L1/L2 scaling solutions, DeFi protocols, and the current marketplace. Additionally, you’ll learn about EVM-compatible blockchains, connectivity techniques, and advanced topics such as sharding, off-chain scaling, DAOs, Metaverse, and NFTs. By the end of this book, you’ll be well-equipped to write smart contracts and develop, test, and deploy DApps using various tools, wallets, and frameworks.
Table of Contents (24 chapters)
1
Part 1: Blockchain and Ethereum Basics
7
Part 2:Ethereum Development Fundamentals
11
Part 3: Ethereum Development Fundamentals
15
Part 4:Production and Deployment
20
Part 5:Conclusion

Oracles, Technology, and Layer 2 in Practice

In this chapter, we will introduce the concept of oracles and understand how oracles work in the decentralized Web 3.0 ecosystem, react to real-world events, and interoperate with traditional systems. We will build an oracle example to get a real-time randomness number from a blockchain. Then, we’ll briefly review the Ethereum cross-chain bridge technology and learn how it allows users to send tokens and arbitrary data between blockchain networks. Lastly, we will explore Layer 2 technologies in practice.

The topics that we will cover in this chapter are as follows:

  • Understanding oracles
  • Working with oracles
  • Diving deep into cross-chain technology
  • Cross-chain in practice
  • Working with Layer 2